The Village Realtors Real Estate Market Report

Danville, CA

Single-Family Homes

Tom & Thomy Clements | www.VillageRealtors.com | 510-278-0800



Danville, CA

Fri May 25 2018
This week the median list price for Danville, CA is $1,937,000 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has held steady at or around 128. Click here to stay informed with the Danville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Danville, CA

Fri May 25 2018
This week the median list price for Danville, CA is $1,937,000 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has held steady at or around 128. Click here to stay informed with the Danville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Danville market.
Median List Price $1,937,000
Per Square Foot $549
Days on Market 60
Price Decreased 27%
Price Increased 2%
Relisted 4%
Inventory 128
Median House Rent $4,248
Most Expensive $8,875,000
Least Expensive $899,000
Market Action Index
Strong Seller's Market
52

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,462,500 5,902 1 - 2.5 acres 5 5 21 4 1 105
$2,283,411 4,183 0.25 - 0.5 acre 4 4 29 4 2 54
$1,771,092 3,346 0.25 - 0.5 acre 4 3 32 5 5 65
$1,349,000 2,502 8,000 - 10,000 sqft 4 2 36 15 12 16